EURUSDThe return of the euro in the long-term analysis, in this disturbance, today's drop and the constant price in these few days are considered a temporary correction, and the euro will soon be ready to increase again.Longby sashacharkhchianUpdated 0
GBP AUD - Short IdeaOn 1H forming a bearish divergence and kinda look like a double top. Will trigger my sell stop on break of the neckline. Entry, SL and TP's all mentioned in the chart. Good LuckShortby BullBearBTC1Updated 191917
GBP CAD - Short Set up - 1H TFGBP CAD forming a bearish divergence on 1H TF. looking for reversal pattern to short. Looks like forming a double top. Will trigger my sell stop after break of neckline. Entry, SL & TP mentioned in chart. Good LuckShortby BullBearBTC1Updated 2
EURCAD: Developing a major correctionEURCAD: Developing a major correction EURCAD is moving inside a large corrective pattern and it is showing clearly that we have a bullish and a bearish zone where the price reacted very well in the past. Considering also that the Eurozone Preliminary HICP inflation rose to 2.6% YoY in May vs. 2.5% expected, we can see EURO advancing more during the coming hours. You may find more details in the chart! Thank you and Good Luck! ❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️ Longby KlejdiCuniUpdated 3315
GBPUSD Short BearIish ForecastHello there GBPUSD has the potential to drop below 1.27121 for a bias of 1,26906 following the trend of the 4-hour time frame and daily chart. If the price goes above the 1.27285 then that will invalidate the setup. A mini trade idea relating the momentum of a one time frame against the momentum of a higher time frame. Happy Trading, KShortby KhiweUpdated 2
GBPCHF Long Upward TrendGBPCHF - Long Position I am seeing a positive upward trend since the start of 2024 with 30/50% fib retracements on each pullback. Current level is showing a breakthrough with possible support at previous highs. SL 1.4833 TP 1.16500 Longby SGB92113
GBPUSD - Easy intraday or swing sell There is a sell opportunity on GU because of USD strength Fundamentals Look out for USD news this week. If no shocking difference than forecast I don't see why DXY won't go up. → Prelim GDP q/q ( Thursday 28 May ) → Unemployment Claims ( Thursday 28 May ) → Core PCE Price Index m/m ( Friday 29 May ) Visit www.forexfactory.com or www.investing.com to check release time according to your timezone Technicals GBPUSD → We rejected a major resistance zone which we touched multiple times since June 2023 → We breached a 4H trendline → Daily engulfing bearish candle Technicals DXY → We came into support and are heading up. → We do have a zone here which can act as resistance, but I expect that we will breach it. → We broke out of trendline and retested it and gone up. Your trading friend, Simba Trades Shortby Simba_TradingUpdated 5
GBPUSD continues its selling strategyDear traders! Conan sees GBP/USD gradually forming an inverted cup and handle pattern. Theoretically, the pair should quickly break the 1.2680 support level and fall further, as the fundamental and technical outlook is negative. Meanwhile, the confluence of the two EMAs around 1.2730 suggests continued weakness in the short term. If the decline continues, the next target is expected to be 1.2644.Shortby ConanForexUpdated 111119
GBPUSD - Easy intraday or swing sellThere is a sell opportunity on GU because of USD strength Fundamentals Look out for USD news this week. If no shocking difference than forecast I don't see why DXY won't go up. → Prelim GDP q/q ( Thursday 28 May ) → Unemployment Claims ( Thursday 28 May ) → Core PCE Price Index m/m ( Friday 29 May ) Visit www.forexfactory.com or www.investing.com to check release time according to your timezone Technicals GBPUSD → We rejected a major resistance zone which we touched multiple times since June 2023 → We breached a 4H trendline → Daily engulfing bearish candle Technicals DXY → We came into support and are heading up. → We do have a zone here which can act as resistance, but I expect that we will breach it. → We broke out of trendline and retested it and gone up. Your trading friend, Simba TradesShortby Simba_TradingUpdated 6
EURUSD back at the top of the rangeIntraday Update: Following the PCE, EZ CPI's and amid "end of month flows" the EURUSD is back at the upper end of the well worn range. Longs overnight may be looking to book profits, but an eventual break of 1.09 is possible in the next week. by ForexAnalytixPipczar2
Profits Drying Up For Bulls - Time to short - EURUSDProfits were GREAT for the uptrend from EU just now. But it's overextended and we still have a lot of bulls holding on. This on top of the resistance area it's entering into. Shorting and expecting it to fall back to previous levels maybe monday or tuesday. Shortby KomeFXX6
EUR/USD Finds Support at 1.08150, Investors Await Key Inflation EUR/USD rebounded from the 1.08150 demand area and closed in positive territory on Thursday. The pair fluctuates above 1.0830 during the European session as investors remain cautious ahead of key inflation data. The US Bureau of Economic Analysis (BEA) revised the annualized first-quarter Gross Domestic Product (GDP) growth down to 1.3% from the initial estimate of 1.6%. Consequently, the benchmark 10-year US Treasury bond yield corrected lower, losing more than 1% on Thursday, which undermined the US Dollar (USD) and prevented it from maintaining its strength. From a technical perspective, we are anticipating a potential bullish impulse after the price has captured some liquidity, as indicated in the footprint chart below. We are looking for a long setup. Longby FOREXN1Updated 1111
Low risk tradeNot my favorite timeframe, 4H, too low for me but the risk reward is good and I think the dollar is going down anyway. I'm already shorting the dollar with AUDUSD pair. I see a lot of resistance above it might false break up so adjust your SL to trigger only if a 4H candle closes above the resistance area. Shortby ArturoLUpdated 2
USDCHF WILL EXPLODE BUYManage SL during news time, intraday trade tp and sl mentioned not a financial adviceLongby ArehmanB665
EURUSD WILL FALL SELLManage SL during news time, intraday trade tp and sl mentioned not a financial adviceShortby ArehmanB115
EURNZD Continuing Bearish TrendEURNZD has a bearish bias and has retraced to the 0.618 to 0.75 zone on 15 minute TF. Anticipating to move towards the previous Lower Low.Shortby linkwithasad112
EURUSD: Very Risky LONG ScenarioEURUSD: Very Risky LONG Scenario Today we have the US GDP data and this is also the focus of the market for today. Another speculation that is happening is related to the EUR CPI preliminary data tomorrow and the US PCE data. Both very important figures as the market will interpret what the central banks may decide to do next. Technical analysis: EURUSD is showing some kind of expansionary pattern in one of its boundaries. The support zone is clear and proved to be strong in the past. It is likely to push the EURUSD back up. The problem is only the speculation at this moment. You may find more details in the chart! Thank you and Good Luck! ❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️Longby KlejdiCuniUpdated 5535
CADJPY is in bullish trendwith no divergence and making new HH the pair is retracing to some extent for a decent bullish phaseLongby faisal-1010
Early entry triple topTriple top, not confirmed yet but looks very bearish. I opened a short position, I'm not waiting for a break down of the support at 0.66. I like to keep my SL as tight as possible. SL trigger if the pair breaks up the uptrend line with a daily candle and closes above ti. Shortby ArturoL0
EUR/USD possible short scenario(5/31/2024)We've detected an impulse pattern for EUR/USD. for confirmation, we need to see the price breaks below the correction line(red line). Our technical view has been shown in the chart. If you like it then Support us by Like, Following, and Sharing. Thanks For Reading Team Fortuna -RC (Disclaimer: Published ideas and other Contents on this page are for educational purposes and do not include a financial recommendation. Trading is Risky, so before any action do your research.)Shortby fortunamarkets117
Confidently Bullish: USD/CAD Thank you to everyone who remains confident in our trades. It's important to remember that not every trade will be a winner—this is part of trading—but with patience and strategy, we will succeed in the long run. I have a solid analysis with new trade signals coming up. USD/CAD BUY ORDER 1.365 - SL: 1.3615 - TP: 1.3700 Our buy entry is at a support level where the price previously bounced back yesterday, it is the 61.8 Fibonacci level Take profit is set at 1.3700, and if it surpasses that, the second take profit is at 1.3730.Longby EleazarahmathUpdated 9
EUR USD PRICE - WEEK END BUY MODE ON EUR USD, here we can see that price balanced the liquidity at support zone, now price has to break the down trend line, after making retest, make a long entry to the marked price line as shown in the picture, follow for more live updates....nd boost my contents thank you...Longby FOREX_TRADER_007Updated 4410
DeGRAM | AUDUSD breakout of the retracement levelAUDUSD is moving in an ascending channel between the trend lines. The price is above the support coinciding with the 62% retracement level. The chart has maintained an ascending structure. We expect the growth to continue after the support is retested. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!Longby DeGRAM2211